To: Doug Miller who wrote (535 ) 4/21/1999 5:53:00 AM From: SgtPepper Read Replies (1) | Respond to of 746
Full text, for those with no time for links: ____________________________ (BSNS WIRE) PICK Communications Corp. Showcases Live Satellite IP Multic PICK Communications Corp. Showcases Live Satellite IP Multicast Video Streaming and Other Satellite Platform Services At National Association of Broadcasters Convention Business/High Tech Writers NAB99 LAS VEGAS--(BUSINESS WIRE)--April 20, 1999-- PICKSat Technology Ready to Serve Broadcasters PICKSat Inc., a subsidiary of PICK Communications Corp. (OTCBB:PICK), today showcased its new satellite Internet Protocol-based (IP) platform services in the Philips Digital Television Booth at the 1999 National Association of Broadcasters (NAB99) convention. "PICKSat's platform is fully operational and ready to serve the broadcast and Internet content community," said Mario Pino, president of PICKSat. "Broadcasters can now be enabled to deliver high quality, continuously streamed content to Internet service providers and broadband networks without the risk of congestion common to today's terrestrial networks, and at a fraction of current costs." PICKSat's system also enables Internet service providers and telcos to offer High Speed Internet access via satellite. At the Philips NAB exhibit booth, PICKSat is demonstrating low and high bandwidth video streaming. Radio streaming in stereo is also demonstrated. Satellite-delivered high-speed Internet and all streaming services are viewed using Microsoft's Internet Explorer 5 browser and Microsoft's Windows Media Technology. The PICKSat platform offers quick implementation and affordable access for broadcasters wishing to deploy their own branded IP Satellite delivered service to the geographic markets of their choice. NAB99, produced by the National Association of Broadcasters, is the world's largest trade event covering the convergence of broadcasting, multimedia and the Internet, audio and video communications, and telecommunications. Held April 17-22 in Las Vegas, NAB99 features 1,400 exhibitors and 150 sessions in 11 conferences. PICK Communications Corp., headquartered in Wayne, N.J., has five subsidiaries. PICK Sat Inc. provides satellite-based Internet access and interactive multimedia services to end-user service providers. PICK Online.Com Inc. is a media content aggregator and satellite multicast delivery service targeting internet service providers (ISPs) and broadband networks, including cable modem and asynchronous digital service line (ADSL) service providers. PICK Net Inc. and PICK Net UK PLC provide international long distance services to other carriers. PICK US Inc. markets and distributes prepaid telephone calling cards. For additional information, please see the company's Web sites: www.pickcom.com; www.picksat.com; and www.pickradio.com. Other product and company names herein may be trademarks of their respective owners. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and is subject to the safe harbors created thereby. The Company's actual future results could differ materially from the forward-looking statements discussed herein based on certain risks and uncertainties, including the Company's immediate need for additional funding, the repayment of substantial short-term indebtedness, significant and continuing losses, dependence on a limited number of clients, dependence on third party carriers, dependence on the Internet, timely development and acceptance of new products in a constantly evolving telecommunications industry, the impact of competitive products and pricing, government regulations and the other risk factors detailed from time to time in the Company's SEC reports. --30--lp/ny* CONTACT: The Dilenschneider Group, New York Dick Kosmicki, 212/922-0900 KEYWORD: NEW JERSEY NEVADA INDUSTRY KEYWORD: TELECOMMUNICATIONS INTERACTIVE/MULTIMEDIA/INTERNET COMPUTERS/ELECTRONICS COMED TRADESHOW Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com